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CNN
Dec 31, 2012 1:00pm PST
days, is that when the u.s. does go off the fiscal cliff and everybody's taxes go up, politically, and technically, what everybody can say they voted on are tax cuts because the taxes are already up. as opposed to voting on tax increases. so it's a lot more politically palatable, easier to explain to constituents, and more importantly, their political rivals. i pointed to the senate. that's down here behind me. right on the other side of the rotunda, senate republicans are meeting as we speak. they're getting an update from senate republican leader mitch mcconnell who of course has been the chief negotiator on talks with the vice president. we were told going into this meeting that there wasn't a deal, that they were just getting an update. perhaps we'll have more of a sense if the senate thinks they can vote tonight. mitch mcconnell wanted to get everything done they agreed to. so far the democrats who are running the senate say not yet. >> if it's more politically palatable for the house republicans to vote on it tomorrow as opposed to today, why don't the senate republicans wait till tomorrow as well? >> that's a great point. something we've been talki
CNN
Dec 26, 2012 1:00pm PST
just six days away from the so-called fiscal cliff. and a mad scramble is on here in washington to avoid the drastic tax hikes and spending cuts that many fear will plunge the economy back into recession. president obama flies back from hawaii tonight to be ready if the senate comes back with a plan when it returns to work tomorrow. and house leaders are huddling with members on stand-by to return. senior congressional correspondent dana bash is following all of it for us. what are you hearing? >> there was a conference call of course members of the house leadership even, they're back in their districts, but there was a conference call today among those house republican leaders trying to figure out if and when the house should come back into session. two republican sources tell me they did not make a decision on this call. it's still up in the air. and a big reason for that is if anything can get done in the next six days, the ball is in the senate's court. the capitol is a ghost town. neither chamber in session. an eerie calm since the fiscal cliff only congress has the power to avert is less than one week away. from their home, s
CNN
Dec 28, 2012 1:00pm PST
the meeting that may be the last best chance to keep the country from going over the fiscal cliff. right now, the leaders of the house and senate are sitting down with president obama in a search for an 11th hour deal to prevent severe tax hikes and spending cuts from automatically kicking in with the new year. cnn's chief white house correspondent jessica yellin is getting new details. jess can ka, what are you hearing about that meeting? >> reporter: candy, the president is going to explain or reiterate the position he took on friday, that he would like a plan that extends tax rates for people who make $250,000 and below but raises them for those who make more than that. that it extends unemployment benefits for americans. and if the president, i'm told will say if he does not get an agreement to that plan, he will ask the other leaders what they can agree to, what what they would like instead. if they cannot come up with a proposal that will pass the house and the senate, will ask for a vote on his measure. but that meeting, candy, is still going on. congre congressional leaders arrived at the white house for a last-ditch meeting just days before a new year's deadline. back on the hill, pressure to break the stalemate. >> we've got to demonstrat
CNN
Dec 27, 2012 1:00pm PST
and damage if we go off the fiscal cliff because all the polls show a majority of americans will probably blame republicans for not passing at least tax cuts to extend for 98% of americans. so both have a good point. >> it begs the question i want to you answer, what are they all doing here? if nobody is interested in getting this deal? >> as dana pointed out, lots of house republicans would rather vote on something after the 1st than before. i haven't seen any indication from obama or the people around him that they are okay with going over the cliff. they really do seem to want to do something before the deadline. they seem desperate to do that. plenty of liberals say, go over the cliff. big cuts in the pentagon and big tax hikes. the white house, from all indications that i've seen, they don't want that to happen. they are scared of what could happen to the markets. >> why aren't they dalg dealing with boehner? dana, be go ahead. jumpb in here. >> i think they won their negotiating power once boehner last week failed. as dana pushed out, the only thing that can get boehner is to do something. >> reporter: i think that you're right when i s
CNN
Jan 1, 2013 1:00pm PST
a bill that's now effectively a fiscal cliff fix. no vote has been scheduled on the bill that the senate passed in the middle of the night after steep tax cuts and spending cuts kicked in. speaker john boehner has been trying to overcome some seriously stiff republican opposition. our senior congressional correspondent dana bash is beginninging our coverage this hour. dana, what's the very latest as far as republicans in the house, the majority are concerned? >> reporter: the very latest, wolf, is that down this hallway is the house speaker's office. in that house right now are minutes of the house republican leadership having a discussion, what are they going to do? are they going to have a vote tonight and more importantly, are they going to try to put this senate-passed bill on the house floor with an amendment. it was very clear in talking to many, many house republicans coming out of a meeting they had earlier this afternoon that there was a big desire to have an amendment with some spending cuts. in fact, i spoke with one of those republicans, steve la tour receipt. >> the speaker, to his credit, says we are famous for putting poison pills
Search Results 0 to 4 of about 5